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REM covers information across all main renewable energy sources, including onshore and offshore wind, solar, geothermal, biomass, biofuels, hydro, wave, tidal and marine. It also gives insight into new and developing technologies such as algal biofuels and advanced storage, keeping our customers abreast of the latest updates and innovations relevant to any of the above sectors.
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COP28: US pledges to end coal
COP28: Masdar signs deals for 1-GW wind, possible green hydrogen plant in Jordan
Masdar has signed a joint development agreement with the Jordanian Ministry of Energy and Mineral Resources for a 1-GW wind project with a battery energy storage system, and a memorandum to explore the feasibility of green hydrogen plant.
Global wind power outlook falls by 29 GW in fourth quarter, says Woodmac
The outlook for the global wind power sector has fallen by 29 GW in the fourth quarter of 2023 (Q4 2023), with the downgrade signifying a drop in cumulative installed capacity to 2.35 TW by the end of 2032.
SB Energy secures $2.4bn for US renewables projects
SB Energy has secured $2.4bn for 1.3 GW from a total of four solar projects in the US.
Petrobras installs wind measurement sensor in Pescada field
Petrobras has installed a LiDAR (Light Detection and Ranging) sensor on the PPE-1A platform in the Pescada field, located in Rio Grande do Norte, Brazil Energy Insight reported on December 1.
Vietnam's first wind power plant struggles with debt, faces auction
The Bank for Agriculture and Rural Development - West Hanoi Branch has announced the selection of a debt auction organisation for Vietnam Renewable Energy Company Limited
COP28 leader defends controversial remarks
Sultan al-Jaber, the oil executive who is leading the COP28 climate summit in Dubai, has rocked the conference with highly controversial remarks that there is “no science” that phasing out fossil fuels is necessary.
MOL and Bapco Energies agree CCS deal
Japanese shipowner MOL has agreed a carbon capture and storage deal with Bahrain’s state oil and gas holding company Bapco Energies.
DTEK and Vestas forge partnership to build largest wind farm in Eastern Europe
Ukrainian energy conglomerate DTEK has partnered with Danish wind turbine manufacturer Vestas to build the Tylihulska Wind Power Plant, which is poised to be the largest wind farm in Eastern Europe.
Estonia’s Swedbank to finance construction of 6 Sunly solar parks in Latvia with €22mn
More countries to start producing electricity from nuclear power, says IAEA
About a dozen new countries should start producing electricity from nuclear power in the next few years, according to IAEA head Rafael Mariano Grossi, including Ghana, Kenya, Morocco, Nigeria, Namibia, the Philippines, Kazakhstan and Uzbekistan.
COP28: Greenpeace asks if nine European oil and gas majors are “getting away with murder”
Releases study showing 360,000 people could die prematurely before the end of the century because of global heating caused by companies’ 2022 greenhouse gas emissions alone.
Cambodia to halt hydropower dam construction on Mekong River, cancels $1.5bn coal plant
Poland’s new majority temporarily suspends work on liberalising wind power development rules
Poland’s new parliamentary majority has halted work on the liberalisation of rules for wind power development. The work will be picked up once the new government of Civic Coalition, the Third Way and the Left takes over officially.
Two Honduran companies team up to build five solar plants
Grupo Midence Soto Pierrefeu and Solaris have agreed to build five new solar plants in Honduras.
Transition risks for petrostates higher than ever, says report
Petrostates are currently confronted with significant challenges arising from the ongoing energy transition. The diminishing demand for oil and gas is exerting downward pressure on commodity prices, which in turn threatens future revenue streams.
UAE's Masdar acquires 1-GW renewable portfolio in Poland
Masdar, the UAE’s clean energy giant, has announced the purchase of eight hybrid renewables projects, along with Taaleri Energia, a Finnish-based renewable energy developer and fund manager.
Nicaraguan MPs set to approve Chinese loan for solar project supporting water utility
Members of Nicaragua’s National Assembly will vote this week on a Chinese loan for a solar power project that will support utility operations in Matagalpa.
COP28: Nations vow renewable energy boost
At COP28 in Dubai, 118 nations pledged to triple the world’s renewables capacity by 2030, and to reduce the share of fossil fuels by 2050 at the latest.
COP28: CIP announces $3bn renewables fund
Copenhagen Infrastructure Partners has announced the launch of its Growth Markets Fund II, during the 2023 COP28 in Dubai.
Masdar signs MoU for up to 10 GW of renewables in Malaysia
Masdar has signed a memorandum of understanding with the Malaysian Investment Development Authority, marking a significant commitment of $8bn towards the development of up to 10 GW of renewable energy projects in Malaysia.
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